Alternative News

Jim Grant Exposes “The Bureau Of Money Materialization” And A Submerging America

"Jim Grant spends exactly the correct amount of time (zero) discussing the 'urban myth' of the trillion dollar coin in this brief interview on CNBC; instead deciding to try and strike up some intelligent understanding of the dire situation we face. By providing context for our massive 16 trillion dollar debt (360 million pounds of $100 bills), and explaining how exponential the idiocy has become, Grant brings us full circle." Continue reading →

Continue ReadingJim Grant Exposes “The Bureau Of Money Materialization” And A Submerging America

Peter Schiff Doubles Down on Inflation Prediction

"Schiff looked at Bureau of Labor Statistics price changes for 20 goods and services between 1970 to 1980 and again between 2002 and 2012, decades that Schiff says were both periods of large deficits and loose monetary policy. Schiff found that his basket of goods increased 61% faster than CPI for the period between 2002 and 2012. In contrast, his basket rose just 5% faster than CPI from 1970 to 1980. 'How can you believe these statistics when the numbers are so flawed?' Schiff asks in response to his research on CPI." Continue reading →

Continue ReadingPeter Schiff Doubles Down on Inflation Prediction

How The Swiss National Bank Went “All In”, Three Times And Counting

"The nation's central bank is printing and selling as many Swiss francs as needed to keep its currency from climbing against the euro, wagering an amount approaching Switzerland's total national output, and, in the process, turning from button-down conservative to the globe's biggest risk-taker. Switzerland's virtue is the root of its problem: broad confidence in the Swiss currency and economy has investors hungry for francs to escape euros, the currency of its shaky European neighbors." Continue reading →

Continue ReadingHow The Swiss National Bank Went “All In”, Three Times And Counting

H.R. 193 would force farmers to pay a fee on saved seeds and register them

"H.R. 193 would change things for farmers who purchase patented seeds and then grow those seeds. After the harvest, many farmers save the seeds that they can, seeds produced from the product they already paid for. H.R. 193 would force those farmers who save their seeds to register those seeds with the Secretary of Agriculture. After they register those seeds, the farmers would then have to pay fees set aside by the Secretary of Agriculture for keeping the seeds, 'and for other purposes'." Continue reading →

Continue ReadingH.R. 193 would force farmers to pay a fee on saved seeds and register them

Judge rules TX school district can make students wear locator chips

"A U.S. District Judge upheld a Texas school district’s rule requiring students to wear locator chips on Tuesday, Reuters reported. Judge Orlando Garcia overturned an injunction won by John Jay High School sophomore Andrea Hernandez requiring the school to let her continue her studies without wearing the tag. The Northside Independent School District mandated students wear the chips as part of a policy tracking attendance via radio frequency identification, or RFID, technology." Continue reading →

Continue ReadingJudge rules TX school district can make students wear locator chips

$17,000 Linux-powered rifle brings “auto-aim” to the real world

"The Linux-powered scope produces a display that looks something like the heads-up display you'd see sitting in the cockpit of a fighter jet, showing the weapon's compass orientation, cant, and incline. To shoot at something, you first 'mark' it using a button near the trigger. Marking a target illuminates it with the tracking scope's built-in laser, and the target gains a pip in the scope's display. When a target is marked, the tracking scope takes into account the range of the target, the ambient temperature and humidity, the age of the barrel, etc. It quickly reorients the display so the crosshairs in the center accurately show where the round will go." Continue reading →

Continue Reading$17,000 Linux-powered rifle brings “auto-aim” to the real world

BitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board

"What makes Bitcoin so interesting is that it flies in the face of payment models that we’re used to today; it’s a push model rather than a pull one. When you give a website your credit card and billing information to buy something, the company is pulling money out of your account. Giving up that personal information isn’t the safest thing, and Bitcoin allows you to 'push' the money to a company to buy something. This means that no personally identifiable information goes with it, making eventual identity theft and fraud nearly impossible during the transaction." Continue reading →

Continue ReadingBitPay Banks $510K In Investment To Become PayPal for Bitcoin, Already Has 2,100 Businesses On Board

New technology has touchscreens sprouting physical buttons

"A new technology shown off at this year’s Consumer Electronics Show in Las Vegas enables regular touch screens to sprout actual, physical buttons. Developed by a company called Tactus, it works by manipulating a transparent fluid inside the screen and causing it to press up against a top polymer layer, which bulges up and creates a button that can be pressed. The effects, shown in the video below, seem to promise that touch screens of the future won’t just be flat interactive displays, but dynamic devices with every bit as much tactile feedback as the keypads of old." Continue reading →

Continue ReadingNew technology has touchscreens sprouting physical buttons

Full Disclosure: Lew Received a Million Dollars in Cash From Citigroup During Bailout

"Jacob J. Lew, President Obama’s presumed choice to lead the Treasury Department, has close ties to Wall Street, receiving more than $900,000 in bonus cash from a division of Citigroup just as the company was getting bailed out by U.S. taxpayers[...] Formerly chief operating officer at Citi Alternative Investments, a division of Citigroup, Mr. Lew received a bonus of $944,578 in January 2009, a payment that came days before he joined the State Department and later surfaced in a government ethics form. The bonus came on top of $1.1 million in other Citigroup compensation he reported receiving during 2008 and the first two weeks of 2009." Continue reading →

Continue ReadingFull Disclosure: Lew Received a Million Dollars in Cash From Citigroup During Bailout